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Filing Details

Accession Number:: 0001144204-14-042492
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-07-11 12:33:16
Reporting Period:: 2014-07-10

Filing Date:: 2014-07-11
Accepted Time:: 2014-07-11 12:33:16
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
910322	Astoria Financial Corp	AF	Savings Institution, Federally Chartered (6035)	113170868

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1595356	J Matthew Gutauskas	One Astoria Bank Plaza Lake Success NY US 11042	Executive Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2014-07-10	7,500	$0.00	12,500	No	4	J	Indirect	RSA Vest
Common Stock	Disposition	2014-07-11	2,823	$13.10	0	No	4	S	Direct
Common Stock	Acquisiton	2014-07-10	4,677	$13.33	11,821	No	4	J	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	RSA Vest
No	4	S	Direct
No	4	J	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	7,298	Indirect	401(k)
Common Stock	4,740	Indirect	RSA
Common Stock	12,630	Indirect	RSA

Footnotes

Represents shares held in the Employer Stock Fund of Astoria Incentive Savings Plan ("401(k) Plan") for the account of Mr. Gutauskas as of June 30, 2014. Shares are held in the 401(k) Plan Trust.
Represents award of restricted stock dated January 28, 2013 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The shares of restricted stock will vest as follows: 2,370 shares on December 15, 2014, and 2,370 shares on December 14, 2015 or, if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2005 Plan) or, pursuant to the terms of his employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon his termination of employment by the Company or the Association prior to the end of the term of such employment agreements without Cause, as defined therein.
Represents award of restricted stock dated February 3, 2014 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The shares of restricted stock will vest as follows: 4,210 shares on December 15, 2014, 4,210 shares on December 14, 2015, and 4,210 shares on December 14, 2016 or, if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2005 Plan) or, pursuant to the terms of his employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon his termination of employment by the Company or the Association prior to the end of the term of such employment agreements without Cause, as defined therein.
Represents award of restricted stock dated July 11, 2012 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The shares of restricted stock will vest as follows: 12,500 shares on July 10, 2015 or, if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2005 Plan) or, pursuant to the terms of his employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon his termination of employment by the Company or the Association prior to the end of the term of such employment agreements without Cause, as defined therein.
Represents 30% vesting of a previous award of restricted stock pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation, or the 2005 Plan. The restricted stock vested and was distributed on July 10, 2014. The transaction represents a change in the form of beneficial ownership from indirect to direct.
In accordance with a Rule 10b5-1 Sales Plan, shares were sold for taxes at vest.
Represents value of restricted stock at time of vesting and is the value of services rendered by the Reporting Person to the Issuer.
This transaction was executed in multiple trades at prices ranging from $13.07 to $13.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.